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Gold Silver Reports — India Consumer Prices Rise 3.36%, More Than Forecast — India’s August inflation rate accelerated to the fastest since March, exceeding expectations ahead of the central bank’s policy review in October.
Gold Silver Reports — Prime Minister Narendra Modi sends out a strong signal about his desire to work closely with all political parties, moments before rolling out goods and service tax (GST)
Gold Silver Reports — As India prepares to launch its biggest tax reform since independence in 1947, businesses and citizens across the country are bracing for economic chaos.
Gold Silver Reports — Federal Reserve officials forged ahead with an interest-rate increase and additional plans to tighten monetary policy despite growing concerns over weak inflation.
Gold Silver Reports — Shares of jewelers climbed in India after the government set the rate for gold under the uniform goods and services tax below expectations, signaling a potential recovery in demand in the world’s second-largest market.
Gold Silver Reports — The FCI has fixed a procurement target of 33 million tonnes for the 2017-18 fiscal starting April, against the 22.96 million tonnes purchased in the previous year, when production was low at 92.29 million tonnes.
Gold Silver Reports — Federal Reserve officials are widely expected to announce an interest-rate increase this week amid buoyancy in the stock market and indications the U.S. economy continues to grow steadily, without signaling they anticipate accelerating their pace of policy tightening.
Beyond the expected announcement Wednesday of a quarter-point hike in the U.S. central bank’s benchmark rate target, to a range of 0.75 percent to 1 percent, investors will be looking for whether policy makers change their forecasts for the rest of 2017 and beyond.